Programs Employing People

Analysis

Programs Employing People is a registered charity in United States, based in Philadelphia, PA. It received its IRS tax-exemption ruling in February 1972, 54 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Programs Employing People reported income of $2.4m and spending of $2.1m, spending 86% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $3.4m to $2.4m (-29%), an average of -6.7% a year. The sharpest change came in the year to June 2020, when income dropped by 26%. Over the whole period it spent 100% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Programs Employing People sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within PA. Charities of a similar size with the same main cause include Strafford Economic Development Corporation ($2.4m), Community Economic Development Fund Foundation Inc ($2.4m) and Frazier Revitalization Inc ($2.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 6.1% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $205k (9.8% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $2.4m against liabilities of $947k, net assets of $1.4m. It reported 60 employees.